The S&P 500 showed little movement as semiconductor stocks decreased due to AI-related concerns and market pressures. Gains in banking stocks such as Goldman Sachs and JPMorgan Chase helped offset broader losses on the index. Concerns about debts of companies like CoreWeave intensified following steep declines in AI stocks. Additionally, inflation data further influenced market sentiment and expectations regarding interest rate adjustments.
The S&P 500 showed little movement as semiconductor stocks decreased due to AI-related concerns and market pressures.
Gains in banking stocks such as Goldman Sachs and JPMorgan Chase helped offset broader losses on the index.
Concerns about debts of companies like CoreWeave intensified following steep declines in AI stocks.
Additionally, inflation data further influenced market sentiment and expectations regarding interest rate adjustments.
The S&P 500 showed little movement as semiconductor stocks decreased due to AI-related concerns and market pressures. Gains in banking stocks such as Goldman Sachs and JPMorgan Chase helped offset broader losses on the index. Concerns about debts of companies like CoreWeave intensified following steep declines in AI stocks. Additionally, inflation data further influenced market sentiment and expectations regarding interest rate adjustments.
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The benchmark S&P 500 was little changed on Friday as renewed concerns about the artificial intelligence trade weighed on semiconductor stocks, while gains in banks helped limit the broader market’s decline.
Information technology was the weakest S&P 500 sector, falling 0.9%. Nvidia-backed CoreWeave dropped 7.6% amid persistent concerns about the data-centre operator’s debt burden. Its bonds sold off sharply during the week, pushing yields above 15%. Other neocloud companies also retreated, with Nebius Group and Iren each falling more than 5.5%.
Semiconductor stocks extended their losses, with Micron Technology down 3.9% and Advanced Micro Devices losing 3.3%. The broader chip index declined 1.8% and headed for its sharpest eight-session percentage fall since the “Liberation Day” selloff in April 2025.
Most megacap stocks were also lower. Alphabet and Meta each fell about 1%, dragging on the communication-services sector and adding pressure to the Nasdaq.
Averytin News Financial update.